Greater New Bedford Industrial Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042186191 ✦ New bedford, MA ✦ Designated as a 501(c)(3)

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Overview

What is Greater New Bedford Industrial Foundation?

The Greater New Bedford Industrial Foundation is a committed nonprofit organization based in New Bedford, Massachusetts. With a primary focus on fostering industrial development, their mission is to stimulate job creation within the New Bedford area, specifically in Dartmouth. They accomplish this by facilitating business growth and expansion within the New Bedford Business Park, managing and enhancing the park's infrastructure, and acting as an advocate for its tenants. By performing these duties, the Greater New Bedford Industrial Foundation plays a significant role in promoting economic growth and providing employment opportunities in the region.


Official website here: www.gnbif.com

Is Greater New Bedford Industrial Foundation legitimate?

Greater New Bedford Industrial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater New Bedford Industrial Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.gnbif.com

What is the mission statement of Greater New Bedford Industrial Foundation?

The Greater New Bedford Industrial Foundation's mission is centered around promoting industrial development. Its primary objective is to create job opportunities in both New Bedford and Dartmouth. To achieve this, the foundation focuses on facilitating the growth and expansion of businesses within the New Bedford Business Park. Additionally, it manages and improves the park, acting as an advocate for the tenants of the New Bedford Business Park.


Official website here: www.gnbif.com

Who is the CEO of Greater New Bedford Industrial Foundation?

Elizabeth Isherwood is the Chairman of Greater New Bedford Industrial Foundation.


Official website here: www.gnbif.com

What is the revenue of Greater New Bedford Industrial Foundation?

Greater New Bedford Industrial Foundation's revenue in 2022 was $294,457.


Official website here: www.gnbif.com

Who are the executives of Greater New Bedford Industrial Foundation and what are their salaries?

There 12 volunteers at Greater New Bedford Industrial Foundation.


Here are 12 key members and their salaries:


Elizabeth Isherwood (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Cabral (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Vancura (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert B Mitchell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melvyn A Holland (Chairman Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Anthony (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Carando (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Neuger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Pagliuca (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Poyant-Moran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Rudnick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Tavares (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gnbif.com

Where can I find the form 990 for Greater New Bedford Industrial Foundation?

Greater New Bedford Industrial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gnbif.com

Learn more at the official website: www.gnbif.com

Mission Statement of Greater New Bedford Industrial Foundation

The Greater New Bedford Industrial Foundation is committed to promoting industrial development. Its primary mission is to bring job opportunities to the cities of New Bedford and Dartmouth. The organization accomplishes this by facilitating the development and expansion of businesses within the New Bedford Business Park. By managing and improving the park, the Foundation provides a conducive environment for businesses to thrive, leading to the creation of new jobs. Additionally, the Foundation acts as an advocate for the tenants of the New Bedford Business Park, ensuring their needs and interests are considered in the park's development and management. This proactive approach to industrial development aims to stimulate economic growth and create employment opportunities in the respective cities.

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Impact




October, 2024

The Greater New Bedford Industrial Foundation plays a pivotal role in fostering economic growth and job creation in New Bedford and Dartmouth. By promoting industrial development, it focuses on facilitating the expansion of businesses within the New Bedford Business Park, creating a supportive environment for both existing and new enterprises.

This foundation actively manages and enhances the business park, ensuring that it remains an attractive destination for companies. Its advocacy for tenants helps to address their needs and concerns, further strengthening the community's economic base. Through these efforts, the Greater New Bedford Industrial Foundation significantly contributes to the overall prosperity and improvement of the local community, making it a vital player in the region’s economic landscape.




This information is meant to be a general summary of Greater New Bedford Industrial Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$294,457 (2022)
Expenses
$190,358 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,071
  • Program Service Revenue: $86,200
  • Gross Receipts: $294,457

Assets and Liabilities:

  • Total Assets: $627,761
  • Total Liabilities: $13,780
  • Net Assets: $613,981

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PARK SECURITY AND MAIN

Revenue

$86,200

Organization Details

Founding Year

1955

Principal Officer

Elizabeth Isherwood

Main Address

1213 PURCHASE STREET, NEW BEDFORD, MA, 02740

NTEE Category

Code: S31 - Community improvement

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